401 Kothmann RD, Dripping Springs TX 78620

The market data from 7 similar recent sales in GLENN H KOTHMAN PROP points to a value of approximately $801,492. To sell within a reasonable timeframe at fair market value, the $528,000 to $538,000 range is where I'd position this. With 3 comparable homes on the market in GLENN H KOTHMAN PROP, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. This home's smaller footprint (107 sqft vs the comp average) plays a role in how the market prices it. The 2003 construction puts this home 7 years older than the comp average, a factor in the pricing. Buyers in GLENN H KOTHMAN PROP have 3 comparable options right now, with asking prices between $479,900 and $2,849,999. In 78620, home values have fallen approximately 3.3% over the past 6 months. One of the strongest data points is 2801 Martin RD, Dripping Springs TX 78620, adjusting to $1,417,279; with a larger floor plan. 7 comparable transactions in GLENN H KOTHMAN PROP support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group